Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Daewon America Inc 401k Plan is a benefit plan reported by Daewon America, Inc. under EIN 20-5730059 and plan number 001. The latest loaded filing year is 2023. The filing reports 164 participants and $3,252,634 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,252,634
- Total liabilities (EOY)
- $15,916
- Net assets (EOY)
- $3,236,718
- Net assets (BOY)
- $2,957,991
Income & contributions
- Employer contributions
- $84,542
- Participant contributions
- $402,088
- Total contributions
- $486,630
- Total income / additions
- $965,635
Expenses & distributions
- Benefits paid
- $639,471
- Administrative expenses
- $28,504
- Total expenses
- $686,908
- Net increase / (decrease)
- $278,727